Latest news with #EUCorporateSustainabilityReportingDirective
Time Business News
18-05-2025
- Business
- Time Business News
Top ESG Software to Elevate Your Sustainability Strategy
Environmental, Social, and Governance (ESG) performance is no longer optional—it's a business imperative. Investors, regulators, and consumers are demanding greater transparency and accountability, pushing companies to prioritize sustainability at every level. To meet these growing demands, businesses are turning to top ESG software to track, manage, and report their sustainability performance with accuracy and efficiency. Whether you're aiming for regulatory compliance, stakeholder trust, or long-term value creation, selecting the right ESG software can make a significant difference in your organization's success. ESG software refers to digital platforms that help organizations collect, analyze, manage, and report data related to environmental impact, social responsibility, and governance practices. These platforms integrate with internal systems to pull relevant data, align it with global ESG frameworks (like GRI, SASB, CDP, and TCFD), and generate insightful reports for internal and external stakeholders. As ESG reporting requirements grow more complex, using advanced software tools becomes vital for efficiency, accuracy, and strategic alignment. Global regulations like the EU Corporate Sustainability Reporting Directive (CSRD), the U.S. SEC climate disclosure rule, and other national laws make ESG disclosure mandatory for many companies. Top ESG software ensures you remain compliant with current frameworks and easily adapt to new regulatory changes. Manual ESG reporting is error-prone and inefficient. Leading software automates data collection, validation, and analysis, ensuring accuracy while saving time and resources. The best ESG platforms offer powerful dashboards and analytics that allow companies to understand their ESG performance, set measurable goals, and take proactive steps to improve sustainability efforts. Whether it's investors, customers, employees, or partners—stakeholders want to know a company's true ESG impact. Top-tier ESG software supports transparency through clear, trustworthy, and standardized reporting. When evaluating ESG platforms, consider tools that offer the following essential features: Multi-Framework Support : Ability to generate reports aligned with standards like GRI, SASB, TCFD, and CDP. : Ability to generate reports aligned with standards like GRI, SASB, TCFD, and CDP. Automation : Automated data capture, workflow management, and report generation. : Automated data capture, workflow management, and report generation. Real-Time Dashboards : Interactive views of key ESG metrics to help make faster, smarter decisions. : Interactive views of key ESG metrics to help make faster, smarter decisions. Data Validation & Audit Trails : Ensures integrity and transparency in every stage of the reporting process. : Ensures integrity and transparency in every stage of the reporting process. Scalability : Supports both small enterprises and global organizations as ESG needs grow. : Supports both small enterprises and global organizations as ESG needs grow. Benchmarking & Analytics: Helps you compare performance across time or with industry peers. Top ESG software is valuable across industries and company sizes: Manufacturing : Track emissions, waste, and supply chain sustainability. : Track emissions, waste, and supply chain sustainability. Finance : Improve ESG risk assessments and sustainable investment reporting. : Improve ESG risk assessments and sustainable investment reporting. Healthcare : Measure community impact, diversity, and environmental compliance. : Measure community impact, diversity, and environmental compliance. Retail : Manage ethical sourcing and employee welfare. : Manage ethical sourcing and employee welfare. Technology: Monitor energy usage, digital privacy, and governance structures. Whether you're a startup looking to establish ESG foundations or an enterprise seeking global compliance, the right software provides the backbone for consistent, strategic reporting. If you're searching for a reliable ESG platform, 4seer Technologies offers one of the top ESG software solutions available today. Their product simplifies ESG data collection, ensures alignment with international frameworks, and provides robust analytics to help businesses drive real impact. With user-friendly dashboards, automation, and scalability, it's designed for organizations serious about sustainability leadership. The ESG landscape is evolving rapidly. Here are some trends that are influencing the next generation of ESG platforms: Artificial intelligence and machine learning are making ESG data smarter. Predictive analytics can now forecast sustainability risks and opportunities, helping businesses stay ahead of potential issues. Blockchain is being introduced into ESG reporting for improved transparency and traceability. It ensures that ESG data is tamper-proof and verifiable across the supply chain. More companies are integrating ESG metrics with financial data to provide a holistic view of organizational performance, offering deeper insights to investors and boards. Leading ESG platforms now offer real-time tracking of sustainability metrics, allowing companies to react quickly to issues and adjust strategies on the fly. Before committing to a platform, assess the following: Your ESG goals : Are you looking to improve disclosures, optimize operations, or enhance stakeholder communication? : Are you looking to improve disclosures, optimize operations, or enhance stakeholder communication? Regulatory requirements : Does the software support the frameworks and jurisdictions relevant to your business? : Does the software support the frameworks and jurisdictions relevant to your business? Integration needs : Can it connect with your existing systems (e.g., ERP, HR, finance)? : Can it connect with your existing systems (e.g., ERP, HR, finance)? Ease of use : Is the interface intuitive for all stakeholders involved? : Is the interface intuitive for all stakeholders involved? Customer support: Is there training, onboarding, and ongoing assistance? A tailored approach ensures you select software that supports your long-term sustainability vision. In a world where ESG performance is a critical business metric, choosing the top ESG software can be a game-changer. These platforms not only simplify complex reporting tasks but also empower businesses to operate more responsibly, transparently, and sustainably. By investing in high-quality ESG tools, your organization can ensure compliance, unlock performance insights, and build lasting trust with stakeholders. As the demand for ESG transparency continues to rise, the right software will help you stay ahead and lead with impact. TIME BUSINESS NEWS
Yahoo
08-04-2025
- Business
- Yahoo
Bona Releases 2024 Sustainability Report
MALMÖ, Sweden, April 08, 2025--(BUSINESS WIRE)--Bona, a global, family-owned company that supplies products for installing, renovating, maintaining, and restoring premium floors, has published its 2024 Sustainability Report. The report underscores Bona's resilience in navigating a year of global challenges while advancing key sustainability initiatives. "Throughout 2024 Bona remained steadfast and resilient. Our commitment to sustainability has been a core driver of our innovation, helping us progress toward our environmental, social, and governance goals," said Kerstin Lindell, interim CEO and Chair of the Board, Bona. "We are proud to share the progress we've made in reducing our environmental impact, improving working conditions, and fostering greater transparency across our operations." Key Highlights from the 2024 Sustainability Report 41% Reduction in Greenhouse Gas (GHG) Emissions: Bona achieved a significant reduction in GHG emissions (Scope 1 and 2) compared to 2023, driven by renewable energy certificates in North America and ongoing energy efficiency initiatives. Launch of Bona Mega EVO: This innovative wood floor finish with advanced self-crosslinking technology sets a new standard in sustainability, containing less than 3% volatile organic compounds (VOCs). Award-Winning Commitment to Safety: For the fourth consecutive year, Bona received the U.S. EPA Safer Choice Partner of the Year award, recognizing its efforts to produce safer, high-performance chemical products. Global Expansion: Bona reinforced its international presence by acquiring Ezi Floor Products (EFP), a long-term distribution partner in Australia, to strengthen its operations in the APAC region. Bona's 2024 efforts were guided by a commitment to align its practices with evolving global regulations, including steps to comply with the EU Corporate Sustainability Reporting Directive (CSRD). Initiatives also included developing global green claims guidelines to ensure transparency and credibility in sustainability communications. Björn Johansson, Bona's Global Sustainability Director, reflected on the company's progress, stating, "Sustainability remains at the heart of Bona's strategy. From reducing greenhouse gas emissions to continuously working to improve our offerings to benefit customers, all with an aim to reduce our environmental impact in mind." With a vision to lead the sustainability transformation of the flooring industry and achieve carbon neutrality by 2040, Bona continues to embed sustainability at every level of its operations. Lindell added, "At Bona, sustainability is not just a goal but an opportunity to innovate and grow responsibly in a challenging global market." The Bona Sustainability Report 2024 is available for download here. About Bona Bona is a global, family-owned company that supplies products for installing, renovating, maintaining and restoring premium floors. Founded in 1919, Bona pioneered the industry by offering waterborne hardwood floor finishing and floor care products. Today, Bona prioritizes the environmental impact of its product and innovates high quality systems for most premium floor surfaces including wood, tile, vinyl, resilient, rubber and laminate. The head office is in Malmö, Sweden, and the company is represented globally across 90 countries through 17 subsidiaries, 70 distributors, 4 production sites and over 700 employees. For more information visit View source version on Contacts Heather Lindemann | Bona Corporate Communications+1 (303)
Yahoo
28-03-2025
- Business
- Yahoo
Syensqo releases 2024 annual integrated report
Syensqo releases 2024 annual integrated report Brussels, Belgium – March 28, 2025 - 08:30 CET Syensqo has published its 2024 annual integrated report today giving its stakeholders a comprehensive and integrated overview of the company's strategy, business activities and performance for its first year. The report comprises the company's financial and extra-financial statements, compliant with the EU Corporate Sustainability Reporting Directive (CSRD), One Planet roadmap progress on Climate, Nature, Growth, and Better Life. The 2024 annual integrated report is posted in the Financials section of the Syensqo website. A European Single Electronic Format (ESEF) as required by EU Regulation 2019/815 is also available for download. Contacts Investors & Media Sherief BakrBisser AlexandrovLoïc Flament +44 7920 575 989+33 607 635 280+32 478 69 74 20 Perrine MarchalLaetitia Schreiber +32 478 32 62 72+32 487 74 38 07 About Syensqo Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity. Investor Relations sources Earnings materials Strategy Share information Credit information Separation documents Webcasts, podcasts and presentations 2024 Annual Integrated Report Subscribe to our distribution list Attachments 20250328_SYENSQO_2024_Annual Report_EN Syensqo_AIR_2024_EN_for upload_27032025_WASign in to access your portfolio
Channel Post MEA
24-03-2025
- Business
- Channel Post MEA
Rittal Onboards JAGGAER to Streamline Procurement and Boost Compliance
Rittal has confirmed JAGGAER for its procurement processes. From sourcing and contract management to order management, supplier relationship and complaint management, JAGGAER's solutions support Rittal in optimising its procurement processes. The company, headquartered in Herborn, Hesse, initially selected JAGGAER's platform JAGGAER ONE in 2011. The primary goal was to optimise procurement processes, eliminate heterogeneous process structures and data silos, and increase quality and transparency through a centralised information base. The software solutions previously employed had become outdated and were unable to fully meet Rittal's ambitious requirements for strategic procurement. When selecting a new tool, the global player prioritised a comprehensive and needs-based feature set as well as future-proof modularity. Another key criterion was multilingual capability, which ensures seamless deployment across Rittal's international locations. JAGGAER's source-to-pay platform met all these criteria, ultimately winning the contract. Rittal's day-to-day operations benefitted immediately: 'We rapidly noticed that JAGGAER was able to quickly deliver results, demonstrating the value of the investment to stakeholders while supporting the achievement of our long-term goals,' says Björn Jacobi, Director Global Commodity Management at Rittal GmbH & Co. KG. Focusing on the procurement of direct materials, the company initially implemented JAGGAER ONE for order management and RFQs. Over time, the use of the software was gradually extended to other modules. Today, Rittal leverages JAGGAER for sourcing, contracts, orders, supplier relationship and complaint management. Specifically, the company has currently integrated more than 3,000 suppliers into JAGGAER ONE and processed more than 207,000 orders. Rittal therefore now has a single source of truth for all supplier information, which can be easily accessed by its international subsidiaries. Optimised Risk Management and Improved CSRD & ESG Compliance JAGGAER also supports Rittal in other key areas such as risk management, EU Corporate Sustainability Reporting Directive (CSRD) and ESG compliance. To this end, the platform is integrated with Sphera's risk management solution and IntegrityNext for supply chain monitoring. This allows users to access supplier questionnaires directly from the IntegrityNext platform within JAGGAER ONE and instantly assess compliance and sustainability performance using a traffic light system. Rittal also uses a self-assessment tool as part of its supplier onboarding process to evaluate ESG capabilities. In addition to standard details such as price, quantity and delivery date, suppliers are required to provide information on the country of origin of materials and other ESG-related criteria. Supplier assessment in JAGGAER ONE also allows Rittal to easily generate annual reports and track monthly KPI developments for each supplier. This significantly increases transparency and ensures compliance with regulatory requirements. Future-Proof Positioning Rittal now benefits from significantly streamlined processes. Björn Jacobi summarises the partnership as follows: 'Thanks to its versatility, JAGGAER is an ideal tool that provides us with the right solutions to remain future-proof. This ensures that the company is well equipped to meet both current and future requirements. With this in mind, Rittal is currently working to extend the use of JAGGAER ONE and the availability of all modules internationally.' 'JAGGAER is proud to have been part of Rittal's success story since 2011 and to support the company with our solutions in achieving its strategic goals – now and in the future,' says Hany Mosbeh, Senior Vice President – MEAPAC, JAGGAER. 0 0
Tahawul Tech
24-03-2025
- Business
- Tahawul Tech
Rittal confirms JAGGAER platform to streamline procurement and enhance compliance
Rittal, one of the world's leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. From sourcing and contract management to order management, supplier relationship and complaint management, JAGGAER's solutions support Rittal in optimising its procurement processes. The company, headquartered in Herborn, Hesse, initially selected JAGGAER's platform JAGGAER ONE in 2011. The primary goal was to optimise procurement processes, eliminate heterogeneous process structures and data silos, and increase quality and transparency through a centralised information base. The software solutions previously employed had become outdated and were unable to fully meet Rittal's ambitious requirements for strategic procurement. When selecting a new tool, the global player prioritised a comprehensive and needs-based feature set as well as future-proof modularity. Another key criterion was multilingual capability, which ensures seamless deployment across Rittal's international locations. JAGGAER's source-to-pay platform met all these criteria, ultimately winning the contract. Rittal's day-to-day operations benefitted immediately: 'We rapidly noticed that JAGGAER was able to quickly deliver results, demonstrating the value of the investment to stakeholders while supporting the achievement of our long-term goals', says Björn Jacobi, Director Global Commodity Management at Rittal GmbH & Co. KG. Focusing on the procurement of direct materials, the company initially implemented JAGGAER ONE for order management and RFQs. Over time, the use of the software was gradually extended to other modules. Today, Rittal leverages JAGGAER for sourcing, contracts, orders, supplier relationship and complaint management. Specifically, the company has currently integrated more than 3,000 suppliers into JAGGAER ONE and processed more than 207,000 orders. Rittal therefore now has a single source of truth for all supplier information, which can be easily accessed by its international subsidiaries. Optimised Risk Management and Improved CSRD & ESG Compliance JAGGAER also supports Rittal in other key areas such as risk management, EU Corporate Sustainability Reporting Directive (CSRD) and ESG compliance. To this end, the platform is integrated with Sphera's risk management solution and IntegrityNext for supply chain monitoring. This allows users to access supplier questionnaires directly from the IntegrityNext platform within JAGGAER ONE and instantly assess compliance and sustainability performance using a traffic light system. Rittal also uses a self-assessment tool as part of its supplier onboarding process to evaluate ESG capabilities. In addition to standard details such as price, quantity and delivery date, suppliers are required to provide information on the country of origin of materials and other ESG-related criteria. Supplier assessment in JAGGAER ONE also allows Rittal to easily generate annual reports and track monthly KPI developments for each supplier. This significantly increases transparency and ensures compliance with regulatory requirements. Future-Proof Positioning Rittal now benefits from significantly streamlined processes. Björn Jacobi summarises the partnership as follows: 'Thanks to its versatility, JAGGAER is an ideal tool that provides us with the right solutions to remain future-proof. This ensures that the company is well equipped to meet both current and future requirements. With this in mind, Rittal is currently working to extend the use of JAGGAER ONE and the availability of all modules internationally'. 'JAGGAER is proud to have been part of Rittal's success story since 2011 and to support the company with our solutions in achieving its strategic goals – now and in the future', says Hany Mosbeh, Senior Vice President – MEAPAC, JAGGAER. Image Credit: JAGGAER.
